The Wyoming Public Service Commission approved this week an electric power rate increase that is expected to be reflected in Wyoming customer bills starting in June. This is in response to a request filed by Rocky Mountain Power in 2024. Rocky Mountain Power shares the following on their website concerning the Wyoming rate proposal: Increasing insurance premiums relating to rising wildfire risks, along with capital investments in transmission and wind projects, are driving Rocky Mountain Power’s 2024 rate request filed with the Wyoming Public Service Commission. This would result in an overall increase in general rates of $123.5 million, which would yield an overall percentage increase of 14.7%. For the typical residential customer using 700 kilowatt-hours per month, the increase would be $17.17 per month. A customer who uses 1,400 kilowatt-hours per month would see a monthly increase of $31.34.
